China surpassed The US As The World's Largest Economy as Unemployment, Poverty & Debt Increase in U.S!

China Just Overtook The US As The World's Largest Economy
The decision on a new SDR structure, to be made in the next 15 months, will influence how China and its currency can play a bigger part in driving world trade, investment and capital flows. The renminbi could eventually challenge the dollar and its pivotal position in world money
The International Monetary Fund (IMF) has downgraded its global growth forecast for both this year and next
We expect the world economy to grow at about 41⁄2 percent a year in both 2011 and 2012
Poverty Nears 20%
Economic anxiety amid a dwindling oil and gas industry
Ebola, Hong Kong weigh as risks to business rise




China has surpassed the U.S. as the #1 economy. We expected this to happen and it's finally here. China had become the #1 at many other figures as many Chinese move from the rural areas, into the big cities and begin consuming like their Western counterparts.

With global growth expectations headed downward, the real economic indicators are highlighted here. Less well-paying jobs, tougher business regulations, rigged stock market, and misplaced capital, have all brought on poverty, unemployment, and an increase in debt, the result of which will invariably bring:

Chaos
Riots
Civil unrest.